LHG(SH:600186)2016-10-28 16:00Financial Performance - Operating revenue for the first nine months increased by 0.62% to CNY 1,301,269,601.05 compared to the same period last year[6] - Net profit attributable to shareholders was CNY -74,402,742.21, compared to CNY -486,055,584.92 in the same period last year[7] - Basic earnings per share improved to CNY -0.0423 from CNY -0.4560 in the same period last year[7] - The company's net loss attributable to shareholders was ¥1,417,012,763.38, compared to a loss of ¥1,372,140,713.66 in the previous year[17] - Total operating revenue for Q3 2016 was ¥428,916,050.84, an increase of 3.4% compared to ¥412,944,558.64 in Q3 2015[23] - Net profit for Q3 2016 was a loss of ¥49,452,961.95, compared to a profit of ¥12,357,744.61 in Q3 2015[25] - Year-to-date revenue for 2016 reached CNY 1.23 billion, down 2.1% from CNY 1.26 billion in the same period of 2015[29] - Total comprehensive income for Q3 2016 was CNY -15.43 million, a significant decline from CNY 40.71 million in Q3 2015[31] Cash Flow - Net cash flow from operating activities reached CNY 19,945,844.40, a significant improvement from a negative cash flow of CNY -2,710,298.19 in the same period last year[6] - Cash flow from operating activities for the first nine months of 2016 was CNY 1.48 billion, an increase from CNY 1.44 billion in the same period of 2015[33] - The net cash flow from financing activities for Q3 2016 was ¥173,497,594.60, compared to a negative cash flow of -¥5,361,975.94 in Q3 2015, showing a strong recovery[35] - The total cash inflow from operating activities for the first nine months of 2016 reached ¥1,462,872,599.85, up from ¥1,341,977,592.79 in the previous year, indicating a growth of approximately 9%[36] Assets and Liabilities - Total assets increased by 4.92% to CNY 2,355,941,710.52 compared to the end of the previous year[6] - Total liabilities increased to ¥2,411,269,043.85 from ¥2,233,534,968.60, reflecting higher short-term borrowings and payables[17] - Cash and cash equivalents increased by 209.05% to ¥211,555,816.62 from ¥68,454,438.69 due to increased shareholder loans[13] - Other receivables rose by 78.87% to ¥113,626,605.36 from ¥63,525,800.98, attributed to new land disposal receivables[13] - Other payables increased by 33.24% to ¥691,861,070.06 from ¥519,271,144.31, also due to increased shareholder loans[13] Shareholder Information - The total number of shareholders reached 85,288 at the end of the reporting period[10] - The largest shareholder, Zhejiang Ruikang Investment Co., Ltd., holds 10.82% of the shares, totaling 114,917,600 shares[10] Operating Costs and Expenses - Total operating costs for Q3 2016 were ¥473,450,519.62, a decrease of 4.9% from ¥493,227,308.31 in Q3 2015[24] - The company incurred financial expenses of ¥9,860,717.36 in Q3 2016, an increase from ¥7,764,672.50 in Q3 2015[24] - Sales expenses decreased to CNY 8.87 million in Q3 2016, down 56.5% from CNY 20.42 million in Q3 2015[29] - Management expenses increased to CNY 45.94 million in Q3 2016, up 34.1% from CNY 34.28 million in Q3 2015[29] Other Income and Expenses - Non-operating income included government subsidies amounting to CNY 15,330,895.38 for the first nine months[7] - The company reported a non-recurring gain from the disposal of non-current assets amounting to CNY 15,731,164.00 for the first nine months[7] - Operating other income skyrocketed by 422.11% to ¥33,468,509.75 from ¥6,410,278.41, driven by increased government subsidies and land disposal income[13] - Operating other expenses decreased by 51.74% to ¥3,937,817.26 from ¥8,160,253.41, as fixed asset disposal losses reduced[13]